As income tax return filing season gains momentum, experts are warning taxpayers against relying entirely on AI tools such as ChatGPT and Claude for preparing returns.
While these platforms can simplify tax concepts and assist with calculations, they may produce inaccurate responses, overlook recent tax rule changes or misinterpret individual financial situations.
Professionals also caution against sharing sensitive financial information due to privacy and data security concerns. Tax experts recommend using AI as a supplementary tool rather than a replacement for professional advice or official resources.
Careful verification remains essential to avoid filing errors, penalties and compliance issues.